<>Datatec

About this report

Our Integrated Report is the principal communication interface with our shareholders and other stakeholders of Datatec Limited who have a vested interest in our Company and its commitment to create value and ensure a sustainable business for the future.

Scope and boundary

The Integrated Report endeavours to present an overview of the financial, economic, environmental, social and governance performance of the Group for the year 1 March 2019 to 29 February 2020 ("FY20"). Datatec's aim is to present a holistic overview of the value the Group seeks to create for stakeholders by communicating content that is useful and relevant in an open and balanced manner. The report summarises the Group's strategy, business model, operations, risks, stakeholder interests, governance and its approach to sustainability that takes account of resources employed in its business activities and resources and groups on which Datatec has an impact.

The information disclosed encompasses all divisions and subsidiaries of Datatec Limited, across all regions of operation unless indicated otherwise.

Datatec published its FY20 results on 27 May 2020 which is the effective date of this Integrated Report with the exception of the following:

• Notice of Annual General Meeting ("AGM") and form of proxy in Notices and References dated on publication date in June 2020.
• The Enhancing competitiveness and profitability and Corporate social responsibility are unclear

Assurance

To ensure the integrity of reporting in the Integrated Report, the Group has a formal combined assurance model in place, which includes management, external audit, internal audit and other independent assurance providers.

The annual financial statements included in this Integrated Report have been audited by the external auditors, Deloitte & Touche.

The Integrated Report has been reviewed by the Audit, Risk and Compliance Committee, the Board, Company Secretary, sponsor and investor relations consultants.

Materiality

This report focuses on matters that materially impact Datatec's ability to create value over the short, medium and long term, execute its strategy and impair profitability.

Identifying our potential material matters requires input from divisions and subsidiaries, and feedback from Datatec's shareholder engagement roadshows has been used to identify matters to report on.

An assessment of Datatec's material matters and ranking of importance is performed by the Board.

Framework

The following frameworks have been applied in the preparation of the Integrated Report:

• King IV^TM* Report on Corporate Governance in South Africa 2016 (King IV^TM)
• Companies Act 71 of 2008 ("the Companies Act")
• JSE Listings Requirements
• The International Integrated Reporting Framework
• Discussion Papers issued by the South African Integrated Reporting Committee ("IRC") and the International Integrated Reporting Council ("IIRC")
• International Financial Reporting Standards ("IFRS") – applied in preparing the consolidated annual financial statements and all financial data derived therefrom elsewhere in the Integrated Report

Jens Montanana

Chief Executive Officer

("CEO")

Ivan Dittrich

Chief Financial Officer

("CFO")

Johnson Njeke

Chairman: Audit, Risk and Compliance Committee

* Copyright and trademarks are owned by the Institute of Directors in South Africa NPC and all of its rights are reserved.

Board confirmation

The Board acknowledges its responsibility for the integrity of this report.

The directors confirm they have collectively assessed the content and believe it addresses the material matters that substantively affect the organisation's ability to create value over the short, medium and long term and is a fair representation of the integrated performance of the Group.

The Audit, Risk and Compliance Committee, which has oversight responsibility for the Integrated Report, acknowledges its responsibility to ensure the integrity of this Integrated Report and has applied its mind to the preparation and presentation of the report. It has concluded that the report has been presented in accordance with the International Integrated Reporting Framework and recommended the report for approval by the Board of directors.

The Board has therefore approved the 2020 Report for release to stakeholders.

The Board is committed to providing effective leadership to the Group and fully embraces the principle of ethical leadership in setting and implementing the strategy and Group's approach to governance, guided by the principles of King IV^TM.

In addition, the Board takes full responsibility for the management, direction and performance of the Group by exercising independent judgement on all issues reserved for its review and approval while taking cognisance of the needs of stakeholders.

Navigation icons

These icons refer to our strategic objectives:

Datatec has identified and prioritised the following Sustainable Development Goals ("SDGs"):

Linked to executive remuneration